Page 1/1

Metro

German Retailer Metro Faces Massive Losses in CEE

Sales in CEE declined 14.8 percent last year for German retail and wholesale enterprise Metro Group.

May 9, 2014

Metro Cancels Kaufhof Sale

The Austrian real estate investor René Benko has to abandon the plan to take over the German retail chain Kaufhof.

January 17, 2012

Benko Relieved from Money Laundering Accusations

Investigations against the Austrian real estate investor will end soon, German newspapers report. Benko bids for Metro´s subsidiary Kaufhof.

December 20, 2011

Kaufhof-Deal Not Closed Before 2012

The two main competitors for the German retail chain are the Austrian real estate investor René Benko and the U.S. investor Nicolas Berggruen.

December 17, 2011

Kaufhof: Investigations Cause Delay in Sale Process

Suspicions of money laundering against the Austrian real estate investor René Benko prevent the take-over for the time being.

December 13, 2011

Kaufhof: Benko Offering € 2bn?

The Austrian investor decisively rejected reports that suggested this acquisition price. Metro’s CEO wants to obtain € 2-3bn.

December 8, 2011

Benko Confirms Binding Offer

Both Metro Group and René Benko´s Signa Holding confirmed that a binding offer for Metro´s subsidiary Kaufhof has been put.

December 6, 2011

Benko Puts Pressure on Kaufhof

The Austrian real estate investor René Benko presents his growth program and wants to outbid his rival, the U.S. investor Berggruen.

November 28, 2011

Investigations Against Benko

The Austrian real estate investor Benko is suspected for money laundering. Benko denies and sees a link to the Kaufhof-deal.

November 26, 2011

Kaufhof: Benko Has Good Odds

The Austrian real estate investor has high chances to acquire the German retail chain Kaufhof. The sale could be closed before Christmas.

November 19, 2011

Increasing Interest for Kaufhof

The Austrian real estate investor René Benko got another competitor. Now three tenderers in the sale process will participate.

November 14, 2011

Benko to Acquire Kaufhof

The Austrian real estate investor René Benko plans to purchase the retail trade chain Kaufhof from the German Metro group.

November 2, 2011